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JCP Bankruptcy: How Much Will Unsecured Creditors Get?

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There are plenty of fireworks behind the scenes in the J.C. Penney bankruptcy. On Monday, new developments in the mass merchant’s bankruptcy saga detailed the bitter fighting between lenders and hinted at what kind of recovery unsecured creditors might expect to receive. At the virtual conference, Seth Van Aalten from Cole Schotz, representing the committee…

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